59-10-12. Student-athlete's right to cancel.
(a) A student-athlete may cancel an agency contract by giving notice of the cancellation to the athlete agent in a record within fourteen days after the contract is signed.
(b) A student-athlete may not waive the right to cancel an agency contract.
(c) If a student-athlete cancels an agency contract, the student-athlete is not required to pay any consideration under the contract or to return any consideration received from the athlete agent to induce the student-athlete to enter into the contract.
Source: SL 2006, ch 265, ยง12.
Structure South Dakota Codified Laws
Chapter 10 - Uniform Athlete Agents Act
Section 59-10-1 - Short title.
Section 59-10-2 - Definitions.
Section 59-10-3 - Service of process--Subpoenas.
Section 59-10-4 - Athlete agents--Registration required--Void contracts.
Section 59-10-5 - Registration as athlete agent--Form--Requirements.
Section 59-10-6 - Certificate of registration--Issuance or denial--Renewal.
Section 59-10-7 - Suspension, revocation, or refusal to renew registration.
Section 59-10-8 - Temporary registration.
Section 59-10-9 - Registration and renewal fees.
Section 59-10-10 - Required form of contract.
Section 59-10-11 - Notice to educational institution.
Section 59-10-12 - Student-athlete's right to cancel.
Section 59-10-13 - Required records.
Section 59-10-14 - Prohibited conduct.
Section 59-10-15 - Criminal penalties.
Section 59-10-16 - Civil remedies.
Section 59-10-17 - Administrative penalty.
Section 59-10-18 - Uniformity of application and construction.
Section 59-10-19 - Electronic Signatures in Global National Commerce Act.